STAFFORD, TX-A Houston investment group secures a $6.5-million bridge loan to expand Oasis Lifestyles, a 69,750-sf, 102-bed assisted living facility on the Stafford-Meadows Place line. The three-year, adjustable-rate loan replaces another bridge facility.

ORLANDO-The casual Italian concept spices things up for its owner and operator Darden Restaurants Inc.

THE WOODLANDS, TX-Triple Net Properties LLC tucks away deeds to Waterway Plaza I and II, totaling 366,043 sf, after a hot pursuit by a Who's Who of institutional investors. Industry sources say the premier property has fetched close to $200 per sf.

THE WOODLANDS, TX-Triple Net Properties LLC tucks away deeds to Waterway Plaza I and II, totaling 366,043 sf, after a hot pursuit by a Who's Who of institutional investors. Industry sources say the premier property has fetched close to $200 per sf.

PHOENIX-S-J Management is eyeing a later summer closing for the MonteViejo, a 95%-leased, class A development in the Desert Ridge area. The Seattle investment group has offered $50.5 million for the one-year-old complex.

PHOENIX-S-J Management is eyeing a later summer closing for the MonteViejo, a 95%-leased, class A development in the Desert Ridge area. The Seattle investment group has offered $50.5 million for the one-year-old complex.

PHOENIX-Twenty acres on the northeast corner of Circle Mountain Drive and the I-17 frontage road trades to a local couple in a 1031 exchange. Darl and Kay Andersen pay $3.1 million for the parcel, which needs to be annexed, zoned and improved with utilities.

HUMBLE, TX-A growing, but under-retailed area near Eagle Springs is getting 23,000 sf of new retail space. Jack Gross, a Houston-based investor, is set to break ground this month on an unanchored strip center.